LDC has cemented its status as the UK IT channel most-prolific investor by backing a management buyout at consultancy UBDS Group.
Ranking 180th in Oxygen 250 2026, London-based UBDS specialises in digital lifecycle, cloud adoption, cybersecurity, data and AI services.
One of a growing number of B Corps in our sector, the HPE, Microsoft, AWS, Zscaler and Cloudflare partner said it will use the investment to pursue “organic and acquisitive growth”.
Having invested more than £717m into technology businesses over the last decade, the deal fortifies LDC’s credentials as the channel’s most prolific investor.
Its current portfolio includes West Sussex, Gateshead and Glasgow-based MSPs Acora, Aspire Technology and Kick ICT, comms specialist OneCom, MSSP Red Helix and Oracle partner DSP.
Past investments it has exited include Littlefish, Babble and Kerv.
With UBDS founder Diptesh Patel moving to a non-executive role, UBDS’ top team will now comprise CEO Alex Gore, CFO Kevin Wheeler, Group Chief Client Officer Sam Pillai, Group Chief Solution Architect Paul Collins, Group Chief Technology Officer Matt Johnson and Group Chief People Officer Emma Durkin.
The transaction also sees former Content+Cloud CEO Peter Sweetbaum assume the role of Chair.
LDC has a “strong track record of backing ambitious, founder-led businesses and helping them scale, including through acquisition”, Patel said.
“With their support behind our team and culture, I could not be more excited about what lies ahead,” he said in a canned statement.
“With LDC’s support and technology sector experience, we’re confident we can accelerate our organic growth and pursue targeted acquisitions to add real capability,” Gore added.
